——NGXASI stands at +41.39% (YTD); Naira depreciated by 2.65% to close at ₦1,537.96 February 16, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: Bulls rally as the Nigerian Equities Market sustained the previous day’s momentum to close week’s trading session on a positive note. The NGXASI recorded […]
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NGXASI Rise +1.56% Buoyed by BUAFOODS, FBNH, GEREGU
February 16, 2024/InvestmentOne Report The NGXASI advanced by 1.56% today to close at 105,722.78pts, as optimism grew around BUAFOODS (+10.00%), GEREGU (+9.90%) and FBNH (+7.69%) pushing the market into the positive region. In the Fixed income space, the Treasury Bills secondary market closed bearish, largely driven by selloffs across all tenors, as Average […]
Nigerian Stocks Advance +3.8% Week-on-Week, Driven by Blue Chips
Despite profit-taking activities on banking stocks earlier in the week, the market remained in the green territory due to bargain hunting in BUAFOODS (+20.8%), AIRTELAFRI (+10.0%) and GEREGU (+33.3%). As a result, the All-Share Index advanced by 3.8% w/w. February 16, 2024/Cordros Report Global According to the Bureau of […]
